§ 1-703
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/md/natural-resources/1-703A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§1–703.
(1)The Secretary may distribute not more than 5% of the net proceeds of the Fund to a promotional account to be used to promote further donations to the Fund.
(2)Money in the Fund may be used for administrative costs calculated in accordance with § 1–103(b)(2) of this title.
(b)After making the distributions allowed under subsection
(a)of this section, the Secretary shall distribute the remainder of the net proceeds of the Fund as follows:
(1)50% to the Chesapeake Bay Trust established under § 8–1902 of this article, to be used by the Trust only as provided in § 1–704 of this subtitle; and
(2)50% to an endangered species account, to be used only to conserve nongame, threatened and endangered species as provided in § 1–705 of this subtitle.